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Oil & Gas Trade
Putin Ally Criticizes US Sanctions, American Oil and Dollar Power
September attacks on Saudi oil assets have created doubts about Saudi Arabia's status as a reliable oil supplier, Igor Sechin, Chief Executive of Russia's Rosne…
Oil & Gas Trade
Russia Affirms Close Oil Cooperation with Saudi Arabia, OPEC+
Russia's energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market stability and pre…
Crude Oil
Fire Broke Out at Iran’s Oil Refinery, Raises Further Suspicions of Saudi Retaliation
“The refinery’s fire department contained the fire and prevented it from spreading to other units,” state broadcaster IRIB said on its website, referring to …
Oil Price
Saudi Arabia's Best Bet Is to Crash the Price of Oil
Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving …
LNG
Saudi Aramco, ACWA Power to Invest $3 Bln to Build LNG Plant And Terminal in Bangladesh
The Bangladesh prime minister's investment adviser, Salman Fazlur Rahman, said the agreement "represented one of the largest deals in Bangladesh's lucrative pow…
380/110kv Rabigh Pv Solar Substation Construction
Saudi Electricity Company (SEC) announces the bid results for Construction of 380/110kV Rabigh PV Solar Substation.
Nuclear Power Plant
Russia Ready to Work with U.S. to Build Saudi Nuclear Power Plant
RIYADH - Russia’s state nuclear corporation Rosatom would be ready to cooperate with partners from the United States, Europe and Asia to build a nuclear power …
Oil & Gas Trade
Russia & Saudi Arabia Seal Major Deals & Sign OPEC+ Long-Term Cooperation Charter
Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Alon…
Crude
Iran Releases Photos of Damage to Tanker Attacked in Red Sea
The National Iranian Tanker Co. released photos of damage to the hull of the Sabiti oil tanker, hit in an alleged missile attack off the coast of Saudi Arabia i…
Oil & Gas Trade
Iran Accuses Saudi Arabia of Attack on Oil Tanker in Red Sea
Iran said missiles that struck one of its oil tankers in the Red Sea probably came from Saudi Arabia, marking the latest escalation in a tit-for-tat conflict be…
Solar Power Plant
A World Record Low Price Bid of $16.953/MWh for A 900MW Solar Park in Dubai
A consortium led by Saudi Arabia-based ACWA Power had reportedly lodged a world record low price bid of $16.953 ($A25) a megawatt hour for a 900MW solar park in…
Oil Price
No, the Saudi Oil Attacks Were Not 'False Flag'
As a continuing series of dramas and crises distract our attention from the unresolved questions around the Yemeni attacks on Saudi Aramco, it’s vital to state…
Oil Price
Saudi Ambition Confronts New Vulnerability
A year later, in his first interview on Arab television, he chastised the Saudi public for their addiction to oil and pledged to transition the economy to one b…
Oil Price
Oil at $100 per barrel?
The drone strike on key Saudi oil facilities could stoke already-flaring tensions in the Middle East, driving crude prices higher amid growing fears of supply s…
Oil Price
Is Saudi Aramco Lying about its Damaged Oil Infrastructure?
Repairs at the Khurais field and the Abqaiq processing facility may take several months rather than the ten weeks tops that Aramco had initially estimated.
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